July’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in 18 days. The next SSI payments are scheduled to be distributed on July 1. SSI payments are given to people living with debilitating disabilities that affect their income,

The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement benefits.

The Senior Citizens League (TSCL) has predicted that Social Security's 2026 Cost-of-Living Adjustment (COLA) will be 2.5 percent, up from April's prediction of 2.4 percent. While May's prediction is slightly up from March's 2.